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Baltimore, MD 21213 Real Estate Market Report

ZIP Code: 21213
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
108
Active Listings
56
Sold Properties
52

Market Metrics

Median Listing Price
$149,450
Median Sold Price
$140,900
Median Price per Sqft
$125/sqft

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,600

Property Taxes

Property Tax Rate
1.37%

Liquidity & Velocity

Median Days on Market
248
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Price YoY Trend
down
Market Temperature
cold
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. The neighborhood’s primary market indicator is the median sold price of $140,900, which represents the most reliable signal of realized value in recent transactions and should be prioritized over asking prices when setting offers or valuations.

  2. There is a notable gap between the median listing price of $149,450 and the median sold price of $140,900, which may indicate pricing friction and seller expectations that exceed recent transaction outcomes; coupled with a down price trend, this suggests sellers may need to adjust to trade more quickly.

  3. Liquidity appears slow: the median days on market of 248 points to extended marketing times and slower sales velocity, which may benefit buyers negotiating concessions or price reductions in the near term.

  4. Market context is soft—market temperature is cold and price year-over-year trend is down, while interest rate pressure is elevated; rental dynamics are a relative bright spot with the median market rent of $1,600 and rent year-over-year trend up, suggesting stability for buy-to-rent considerations despite sales market weakness.


Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

3409 Crossland Ave, Baltimore, MD 21213
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

5 beds
1 baths
1,776 sqft
$570,000
Mar 1, 2026
$321/sqft/sqft
71 days on market
2220 Lake Ave, Baltimore, MD 21213
Premium

Sold above market average

5 beds
2 baths
1,857 sqft
$418,000
Mar 1, 2026
$225/sqft/sqft
245 days on market
2901 Edison Hwy, Baltimore, MD 21213
Premium

Sold above market average

4 beds
2 baths
1,408 sqft
$275,000
Apr 1, 2026
$195/sqft/sqft
105 days on market
3324 Cliftmont Ave, Baltimore, MD 21213
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,140 sqft
$140,000
Mar 1, 2026
$123/sqft/sqft
170 days on market
3551 Elmley Ave, Baltimore, MD 21213
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,248 sqft
$138,000
Feb 1, 2026
$111/sqft/sqft
292 days on market
3664 Dudley Ave, Baltimore, MD 21213
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
840 sqft
$132,500
Feb 1, 2026
$158/sqft/sqft
100 days on market
1221 N Decker Ave, Baltimore, MD 21213
Value

Sold below market average

- beds
1 baths
950 sqft
$60,000
Apr 1, 2026
$63/sqft/sqft
1218 Edison Hwy, Baltimore, MD 21213
Value

Sold below market average

- beds
2 baths
1,280 sqft
$58,000
Feb 1, 2026
$45/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$686/mo
21213 Avg Rent
21213 Cost to Own
Rent$1,600
Own$914

20% down, 6.5% rate, 1.4% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

21213 Avg nightly rate
21213 Avg occupancy (days/year)
Nightly rate$156/night
Occupancy128 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/1/2026

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